Question: - 20. Given the following cost and activity observations for Smithson Company's utilities, use the high-low method to calculate Smithson's fixed costs per month. Do
- 20. Given the following cost and activity observations for Smithson Company's utilities, use the high-low method to calculate Smithson's fixed costs per month. Do not round intermediate calculations. Cost $52,200 75,000 57,000 64,000 January February March April a. $1,533 b. $2,530 c. $22,800 d. $50.600 Machine Hours 20,000 29,000 22,000 24,500
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